Valaris Ltd (VAL) stock

VALNYSEDrilling Oil & Gas WellsFiscal year ends December 31Also trades as VAL.WT

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 13/3030% below fair value

$80.61−0.08 (-0.10%)

Close on Nov 12, 2026Market cap $5.60BP/E 6.0Yield –

Valaris gross margin

Gross margin is gross profit as a percentage of revenue.

Valaris's gross margin for the twelve months ending Jun 30, 2026 was 24.8%. For fiscal 2025 it was 31.2%, against 25.5% the year before. The highest annual figure on record is 35.5% in fiscal 2017.

Annual gross margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	31.2%	+5.7
FY2024	Dec 31, 2024	25.5%	+12.0
FY2023	Dec 31, 2023	13.5%	−0.2
FY2022	Dec 31, 2022	13.7%	+1.6
FY2019	Dec 31, 2019	12.0%	−10.6
FY2018	Dec 31, 2018	22.6%	−12.8
FY2017	Dec 31, 2017	35.5%	–

Quarterly gross margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q2 FY2026	Jun 30, 2026	22.9%	−12.7
Q1 FY2026	Mar 31, 2026	19.8%	−13.4
Q4 FY2025	Dec 31, 2025	23.1%	−5.9
Q3 FY2025	Sep 30, 2025	31.9%	+3.8
Q2 FY2025	Jun 30, 2025	35.7%	+7.6
Q1 FY2025	Mar 31, 2025	33.1%	+17.9
Q4 FY2024	Dec 31, 2024	28.9%	+12.0
Q3 FY2024	Sep 30, 2024	28.1%	+14.0
Q2 FY2024	Jun 30, 2024	28.1%	+18.1
Q1 FY2024	Mar 31, 2024	15.3%	+3.0
Q4 FY2023	Dec 31, 2023	16.9%	−1.6
Q3 FY2023	Sep 30, 2023	14.1%	−8.9
Q2 FY2023	Jun 30, 2023	10.0%	−2.4
Q1 FY2023	Mar 31, 2023	12.3%	+16.4
Q4 FY2022	Dec 31, 2022	18.5%	+11.6
Q3 FY2022	Sep 30, 2022	23.0%	+13.0
Q2 FY2022	Jun 30, 2022	12.5%	−1.9
Q1 FY2022	Mar 31, 2022	-4.1%	−22.1
Q4 FY2019	Dec 31, 2019	6.9%	−12.2
Q3 FY2019	Sep 30, 2019	9.9%	−14.1
Q2 FY2019	Jun 30, 2019	14.3%	−10.6
Q1 FY2019	Mar 31, 2019	18.1%	−4.0
Q4 FY2018	Dec 31, 2018	19.1%	–
Q3 FY2018	Sep 30, 2018	24.1%	–
Q2 FY2018	Jun 30, 2018	24.9%	–
Q1 FY2018	Mar 31, 2018	22.0%	–